Hubbell and Willdan Positioned for Infrastructure Boom

The report highlights an emerging infrastructure spending boom in the U.S., featuring Hubbell Inc. and Willdan Group, Inc. as attractive investment opportunities. Both companies showcase strong growth potential and favorable earnings projections driven by this trend.

Date: 16-09-2024

AI Rating: 8

The recent report emphasizes the significant infrastructure spending boom in the U.S., valued at nearly $2 trillion, which is set to create a dominant investment trend. This multi-decade spending initiative aims at modernizing infrastructure across multiple sectors, including energy and technology.

Earnings Per Share (EPS): The report projects Hubbell Inc. to grow its earnings by 7% in 2024 and 8% in 2025. Willdan Group is expected to expand its adjusted EPS by 20% in 2024 and 12% the following year. These upward trends in EPS enhance these companies' investment appeal.

Revenue Growth: Hubbell has achieved an average revenue growth of 14% over the past three years along with anticipated sales expansion of 8% and 5% for 2024 and 2025, respectively. Similarly, Willdan's recent success in securing key contracts indicates strong revenue growth potential positioned within the clean energy space.

Profit Margins: Although specific profit margin figures were not mentioned in the report, both companies are noted for their strong operational performance, as seen in their recent earnings achievements.

In summary, both Hubbell and Willdan are highlighted for their strategic alignment with the ongoing infrastructure spending boom. Their projected EPS growth and revenue trends present solid cases for potential investors.

Stocks: HUBB WLDN